The Latest Breaking News from Economy

Interest rates left unchanged at 5.25% as Bank signals 50-50 chance of recession by mid-2024

The gauge that tracks the size of high value-added industries such as biotech dropped to 31 in October from 31.9 the previous month

The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.

Kamal Hassan praised Kerala's model of development, citing its literacy, public health, social welfare, hygiene, and quality of life index. He lauded its decentralised government, People's Plan campaign, and Chief Minister Pinarayi Vijayan's efforts to transform it into a knowledge-based economy. He also credited art forms for inculcating a civic…

Stan Druckenmiller says a long-held belief that the stock market will always go up in the long term may no longer be the case.

Kerala Chief Minister Pinarayi Vijayan inaugurated Keraleeyam festival to showcase State's ethnic traditions, evolution as modern State and its future as knowledge-based economy. He saluted first communist govt for initiating land reforms, free education, decentralisation of power, total literacy and welfare-oriented society.

Asian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month

For the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign

An independent assessment of Australia's economy says interest rates will need to lift higher and government effort will be required to bring inflation down.